7040 College Ave

Kansas City, MO 64132
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2 bd, 1 ba | 800 sqft | Built in 1919

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List Price
$93,500

Initial Investment

$25,479

Purchase Price

$93,500

Down Payment

25%

Rent

$950

Total Return

$56,076

Annualized Return

28.3%

Cap Rate

7.8%

Gross Yield

12.2%

Cash Flow

$1,665

Appreciation

8.6%
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Features

Lot Size

5,633

HOA

None

Flood Risk

Not Required

Great opportunity. This 1.5 story home has a ton of potential and little work needed to have your new rental property or a chance to earn some of that sweet sweat equity. Fenced in yard and more. This property was previously rented for $950/month.

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941
Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$2,382

Property Taxes

-$1,700

Loan Payments

-$5,083

Net Cash Flow

$1,665

See more in Financials

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:Ryan Deatherage
Agent License 2019040039
Keller Williams Realty Partner
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2425759
Last Updated: 03/17/2023 09:03
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